Cloud computing has seemingly become the silver bullet of the digital age. It has laid the foundation for new types of businesses like Uber and Airbnb to come from nowhere, to reshape industries.
But does the cloud live up to the hype? Is it worth the effort for these businesses to make the switch? What are the hidden costs and threats of them moving to the cloud?

Initially cloud was about boosting efficiency and lowering costs, but now it is becoming a platform to drive innovation and transformation, says Richard Vester, Group Executive for the EOH Cloud division.